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Ambani dominates a dizzying array of sectors: Jio is India's leading telecoms carrier, Reliance Retail Limited is its top brick-and-mortar retailer, Reliance's Network18 Media & Investments Limited is one of its biggest news networks, and Reliance's Jamnagar is its largest oil complex

Coronavirus effect: India's fourth, 'perhaps worst' recession is here, warns CRISILIndia's fourth recession since Independence, first since liberalisation and perhaps the worst to date, is here, warned CRISIL. On Tuesday, the agency has forecasted India's GDP growth to fall off a cliff and contract 5 per cent in the financial year 2021, because of the COVID-19 pandemic. Earlier, on April 28, CRISIL had slashed its GDP growth prediction for India to 1.8 per cent from 3.5 per cent. ...

Marico Innovation Foundation along with ATE Chandra Foundation and Harsh Mariwala led the nation-wide contest 'Innovate2Beat COVID' to help scale up innovations and solutions to combat the challenges posed by COVID-19

Employees who have been removed include those from marketing, customer and driver support, legal, finance, policy, and business development; Uber had announced to cut 3,000 jobs from its global workforce on May 19

India can be 'world's office' if China is 'world's factory': Uday KotakManaging Director of Kotak Mahindra Bank Uday Kotak on Sunday stressed on the cost-competitiveness of India's professionals across sectors and said that the country has potential to become the world's office. \"China is the world's factory, India can be its office!\" Kotak tweeted. The comment comes on the backdrop of the reports that a number of global giants are looking to shift their manufacturing facilities...

Coronavirus effect: Uber cuts 3,000 jobs as demand tumblesUber has cut 3,000 jobs from its workforce, its second major wave of layoffs in two . Coronavirus has obviously slashed demand for rides. The San Francisco company has cut a quarter of its workforce since the year began, eliminating 3,700 people from the payroll earlier this month. It is trying to rejig its strategy by re-focusing on its core business, moving people and delivering food and groceries, said CEO Dara Khosrow...

Usually, banks have a lower reliance on the credit cards segment for their advances because it is an unsecured product, but it's segmental head Harjeet Toor said the bank has been using a slew of analytics capabilities to grow in the category without increasing its delinquencies